Final
BILL SUMMARY for
SB05-171
HOUSE
COMMITTEE ON
FINANCE
Votes:
Action Taken:
Refer SB 05-171 to the Committee of the Whole. Th
PASS
08:07 AM -- Senate Bill 05-171 - Concerning the Merger of a School District Retirement System With Another Public Employee Retirement System
Representative Frangas, prime sponsor, explained the provisions of the bill. He explained that the legislation modifies existing law that authorizes a school district retirement system to enter into an agreement to merge into another public employee retirement system.
The following persons testified:
08:10 AM --
Mr. John MacPherson, Denver Public School Retirement System, testified in support of the legislation.
08:12 AM --
Mr. Greg Smith, PERA, testified in support of the bill.
BILL:
SB05-171
TIME:
08:14:28 AM
MOVED:
Judd
MOTION:
Refer SB 05-171 to the Committee of the Whole. The motion passed on a 12-0-1 vote.
SECONDED:
Marshall
VOTE
Benefield
Yes
Cloer
Yes
Crane
Yes
Frangas
Yes
Garcia
Yes
Jahn
Yes
Marshall
Yes
Massey
Yes
May M.
Excused
McCluskey
Yes
Witwer
Yes
Judd
Yes
Vigil
Yes
Not Final
YES:
12
NO:
0
EXC:
1
ABS:
0
FINAL ACTION:
PASS